On this episode of Stock Movers:- Greggs is being urged by an activist investor to cut tens of millions of pounds of annual costs over fears that the bakery chain will otherwise fall prey to a cut-price takeover bid.- Monte Paschi shares fell for a third consecutive day as investors are digesting a sweeping investigation into its takeover of rival Italian lender Mediobanca.- Airbus said the vast majority of around 6,000 A320-family aircraft impacted by a software glitch have received the necessary modification over the weekend, helping the European planemaker sidestep a wider disruption in what has become the company’s largest recall to date.See omnystudio.com/listener for privacy information.
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4:28
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4:28
Greggs Gains, Rheinmetall Falls, Fresnillo Rises
On this episode of Stock Movers:- Greggs is being urged by an activist investor to cut tens of millions of pounds of annual costs over fears that the bakery chain will otherwise fall prey to a cut-price takeover bid.- Rheinmetall and other European defense stocks fell on Monday after reports of progress in Ukraine-Russia talks over the weekend. - European mining shares including Fresnillo are among the best-performing sectors in the Stoxx 600 benchmark as copper advanced to a record high on the London Metal Exchange on fears the global market is heading for a supply crunch.See omnystudio.com/listener for privacy information.
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4:17
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4:17
CME Group Dips After Outage; Tilray Tumbles; Oracle Declines
On this episode of Stock Movers: - Shares of CME Group (CME) dipped in the premarket session after trading of futures and options on the Chicago Mercantile Exchange was halted by a data-center fault, causing hours of disruption to markets across equities, foreign exchange, bonds and commodities. The malfunction was caused by cooling system problems at a data center in the Chicago area, according to facility operator CyrusOne. Engineering teams have restarted several chillers and deployed temporary cooling equipment, a spokesperson said, without giving a time for the resumption of normal operations. - Shares of Tilray Brands (TLRY) fell ahead of the US market open after the cannabis company announced that it will implement a one-for-ten reverse stock split of its common stock. The reverse stock split is expected to be effective after the markets close on December 1st, and shares of TLRY’s common stock will begin trading on a split-adjusted basis under the same symbol when the markets open on December 2nd, according to a press release. - Shares of Oracle (ORCL) declined in early trading after Morgan Stanley warned a gauge of risk on Oracle Corp.’s debt reached a three-year high in November, and things are only going to get worse in 2026 unless the database giant is able to assuage investor anxiety about a massive artificial intelligence spending spree. A funding gap, swelling balance sheet and obsolescence risk are just some of the hazards Oracle is facing, according to Lindsay Tyler and David Hamburger, credit analysts at the brokerage. The cost of insuring Oracle Corp.’s debt against default over the next five years rose to 1.25 percentage point a year on Tuesday, according to ICE Data Services.See omnystudio.com/listener for privacy information.
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3:02
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3:02
CME Group Dips After Outage; Oracle Declines; Sandisk Rallies
On this episode of Stock Movers:- Shares of CME Group (CME) dipped in the premarket session after trading of futures and options on the Chicago Mercantile Exchange was halted by a data-center fault, causing hours of disruption to markets across equities, foreign exchange, bonds and commodities. The malfunction was caused by cooling system problems at a data center in the Chicago area, according to facility operator CyrusOne. Engineering teams have restarted several chillers and deployed temporary cooling equipment, a spokesperson said, without giving a time for the resumption of normal operations.- Shares of Oracle (ORCL) declined in early trading after Morgan Stanley warned a gauge of risk on Oracle Corp.’s debt reached a three-year high in November, and things are only going to get worse in 2026 unless the database giant is able to assuage investor anxiety about a massive artificial intelligence spending spree. A funding gap, swelling balance sheet and obsolescence risk are just some of the hazards Oracle is facing, according to Lindsay Tyler and David Hamburger, credit analysts at the brokerage. The cost of insuring Oracle Corp.’s debt against default over the next five years rose to 1.25 percentage point a year on Tuesday, according to ICE Data Services. - Shares of Sandisk (SNDK) rallied ahead of the US market open on reports Japan and the US are considering building a NAND flash memory plant in the US through a public-private partnership with Kioxia Holdings and SanDisk seen as the main investors. According to Nikkan Kogyo, challenges to plan including disagreements over capital structure and management control, as well as potential Chinese regulatory issues.See omnystudio.com/listener for privacy information.
On this episode of Stock Movers:- Delivery Hero is facing pressure from several large shareholders to conduct a strategic review amid increasing consolidation in the food-delivery industry, people with knowledge of the matter said.The stock rallied in early trading on Friday, rising as much as 8.2%. - Domino’s Pizza shares drop as much as 1.5% after analysts at UBS downgraded the pizza seller, citing a lack of near-term catalysts. - Mitchells & Butlers shares climb as much as 8.2% on Friday, the most since May 2024, after the pub operator reported strong full-year results and robust current trading. Tiwa AdebayoSee omnystudio.com/listener for privacy information.
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